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Rupee drops to 1-wk low on shares; strong dlr

Source: Yahoo Finance | about 1 hour ago

Type: RSS feed

MUMBAI (Reuters) - The rupee dropped to a one-week low late on Monday as share losses and the dollar's gains versus major currencies offset the positive sentiment post the Reserve Bank of India's surprise rate hike late on Friday.... (more)

India gold seen lower during the week

Source: Yahoo Finance | about 2 hours ago

Type: RSS feed

MUMBAI (Reuters) - India's gold futures may trade lower this week tracking weak overseas prices and on the back of a rate hike in India last week.... (more)

Govt mulls differential pricing for Euro IV

Source: Yahoo Finance | about 2 hours ago

Type: RSS feed

The government is considering differential pricing for Euro IV-compliant fuel to be sold in select cities from April 1, Oil Secretary S. Sundareshan said on Monday. He did not give details. India is keen to cut emissions as Asia s third-largest economy expands rapidly and aim to catch up with fuel quality in Europe, which now follows Euro V standards. It has been gradually reducing sulphur from... (more)

Spice Mobiles ties up as Gold Partner with WIFW 2010

Source: Yahoo Finance | about 2 hours ago

Type: RSS feed

Spice Mobiles announced their association with Wills India Fashion Week, 2010 as Gold Partner. Wills India Fashion Week, India s most prestigious fashion event, is starting in Delhi from March 24th. This Five day long Fashion week will also see Spice Mobile Ltd. sponsoring ace designer Anjana Bhargava s show scheduled on 25th March at 9:00 pm. Announcing the association, Kunal Ahooja, CEO &... (more)

ICICI Bank gets Qualified Full Banking privileges in Singapore

Source: Yahoo Finance | about 2 hours ago

Type: RSS feed

Private sector lender, ICICI Bank, said that the Monetary Authority of Singapore (MAS) has granted Qualified Full Banking (QFB) privileges to its Singapore branch. The Singapore branch was the first overseas branch of ICICI Bank and the MAS had granted the lender a licence to transact banking business in Singapore with effect from August 1, 2003, a press release issued stated. The bank s CEO and... (more)

Maruti's one millionth vehicle to roll out Tuesday

Source: Yahoo Finance | about 2 hours ago

Type: RSS feed

Maruti Suzuki will join tomorrow, the league of carmakers producing one million or more units a year, a feat that comes shortly after it overtook the parent company Suzuki Motors in terms of sales. Toyota, General Motors, Volkswagen, Ford, Honda, Renault, Hyundai, Suzuki and Nissan are among those who boast of production of a million unit or more every year. When we started the company (in 1981),... (more)

Waste water kills millions of children

Source: Yahoo Finance | about 2 hours ago

Type: RSS feed

Human beings are flushing millions of tonnes of solid waste into rivers and oceans every day, poisoning marine life and spreading diseases that kill millions of children annually, the UN said on Monday. The sheer scale of dirty water means more people now die from contaminated and polluted water than from all forms of violence including wars, the United Nations Environment Programme (UNEP) said.... (more)

DLF integrates Caraf with its arm Cyber City

Source: Yahoo Finance | about 2 hours ago

Type: RSS feed

Realty giant DLF said it has completed the integration of promoter group company Caraf Builders and Constructions with its subsidiary Cyber City Developers, a development which would result in consolidation of all rental businesses under one umbrella. DLF s board of directors had approved the integration (including by way of merger/amalgamation) on December 15, 2009. In the combined entity, DLF... (more)

Expat hiring up in India

Source: Yahoo Finance | about 2 hours ago

Type: RSS feed

There has been an upsurge in hiring of non-resident Indians and expats by companies in the country in the past two years, thanks to improved infrastructure and competitive compensation levels, experts say. In last two years, most of the companies are hiring non-resident Indians (NRIs) and expats because there is an increase in demand for such skilled professionals, executive search firm... (more)

Religare Capital lays off 14 executives

Source: Yahoo Finance | about 2 hours ago

Type: RSS feed

Religare Capital Markets, the investment banking arm of Religare Enterprises, has tendered pink slips to as many as 14 mid-level executives. The company has fired 14 executives from its RCML team, with equal number from its research and sales departments, a Religare spokesperson said. The company has recently roped in new research head from global investment banking space and plans to increase... (more)

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